India Financial News
07.10 / 05:19
markets
COST
BLOCK
Trade
War
How to prepare your stock portfolio for war
Subscribe to enjoy similar stories. Last week, we witnessed unprecedented escalation in the Gaza war as Iran officially entered the fray, launching 180 missiles at Israel. This opens the door to potential retaliatory strikes from Israel, while Lebanon is already feeling the heat.
07.10 / 04:33
Digital
wellness
country
electronic
information
travelers
Destinations
A complete guide to digital visas: Streamline your international travel
The world is reopening, and Indians are eager to explore. Ranked 81st globally, the Indian passport opens doors to visa-free travel in 29 countries and visa-on-arrival in 28 others, according to data from Henley and Partners, an investment migration consultancy based in London.
07.10 / 02:35
markets
security
Research
trends
Trade
reports
Commentary
F&O Ban List: GNFC, Hindustan Copper among 7 stocks under trade ban on Monday
Bandhan Bank, Birlasoft, Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), Granules India, Hindustan Copper, Manappuram Finance and RBL Bank. The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
07.10 / 02:35
markets
UPS
Digital
Platform
wellness
trends
Trade
2 big themes Ashi Anand is betting on in the long term
Ashi Anand, Founder & CEO, IME Capital, says the whole shift towards digital platforms in India is a theme that is very attractive from a longer-term perspective. It is a longer term story around value migration that is happening from traditional businesses towards digital forms of transaction. This could be across payments, food, or transportation, etc. The other core space Anand is gung-ho on is financiers which includes the BFSI space, and capital markets. There is a clear growth runway as the financialization of savings in India is still a nascent kind of trend. You track IT or tech pretty closely. Do you think that is one sector which will manage to wade through the storm that we are currently seeing because it is showing some sporadic outperforming moves? Ashi Anand: We need to differentiate between IT services and tech or what we like to call digital or digital platforms. If I just focus on digital platforms, that is really the longer term story around value migration that is happening from traditional businesses towards digital forms of transaction. Now, this could be across payments, it could be across food, it could be across transportation, etc. The whole shift towards digital platforms in India is honestly a theme that we believe to be very attractive from a longer-term perspective and really does not get too impacted by whatever is going on right now.
07.10 / 02:35
markets
Strategy
Experts
PAM
innovations
Department
Features
Rajnath Singh to inaugurate DefConnect 4.0 event in Delhi today
Rajnath Singh will inaugurate DefConnect 4.0 at an event in Delhi on Monday as a significant step towards advancing indigenous innovation and celebrating the growing defence ecosystem of the country. Organised by Innovations for Defence Excellence — Defence Innovation Organisation (iDEX-DIO), under the Department of Defence Production, Ministry of Defence at Manekshaw Centre, Delhi Cantonment, the event is expected to bring together armed forces, defence PSUs, innovators and policymakers to discuss ways to advance indigenous innovation. The event will feature an exciting Technology Showcase, presenting iDEX innovators with a unique opportunity to exhibit their cutting-edge technologies, advanced capabilities and ground-breaking products.
07.10 / 02:35
markets
COST
Trade
performer
inclusion
Commentary
Bond bulls bet on RBI’s dovish turn for rally to extend
interest-rate swaps are pricing a rate cut only in December, traders are girding for a possible shift in the Reserve Bank of India’s stance to neutral on Wednesday. They are also closely watching for any dovish signals in the authority’s commentary. “We are definitely expecting a softer language from the RBI even as the possibility of a stance change remains evenly balanced,” said Pankaj Pathak, a fixed-income manager at Quantum Asset Management Co. “That can be the trigger for a down move in yields.”
07.10 / 02:33
CEO
Align
Sustainability
performer
inclusion
innovations
The need for agility in a volatile corporate world
Subscribe to enjoy similar stories. The acronym VUCA, short for volatile, uncertain, complex and ambiguous, has become a catchphrase to describe the challenges of today’s corporate world. Its origin, however, is linked to the period after Cold War in the 1990s, when geopolitical tensions between the United States and the Soviet Union peaked.
07.10 / 02:29
markets
Provident
CEO
Action
wellness
President
Courts
Behind the tangle at tractor giants Tafe and Agco
Subscribe to enjoy similar stories. Growing anxiety over Tractors and Farm Equipment Ltd's (Tafe) rising ownership in Agco Corp., plus its demand for board-level changes at the US-based tractor maker, prompted the latter to snap its brand agreement with the Chennai-based company, according to Tafe's court filings, as well as a senior company executive. After discontinuing some business ties with Tafe earlier this year, Agco on 30 September terminated its agreement that allowed Tafe to sell tractors under the Massey Ferguson brand, accusing the Indian company of what it called inappropriate and unauthorized actions.
07.10 / 00:39
Cooper
economy
Sustainability
Trade
Universities
country
International
India can sustain high growth, become a developed economy by 2047: John Lipsky
Subscribe to enjoy similar stories. New Delhi: India has the potential to sustain high economic growth in the coming years and become a developed economy by 2047 if it introduces new regulatory, legal, infrastructural and educational reforms, economist John Lipsky told Mint. Lipsky, a senior fellow at the Foreign Policy Institute of the Johns Hopkins University School of Advanced International Studies (SAIS) said the reforms initiated by India in the past few years have helped it remain the fastest growing among the G20 economies.
06.10 / 22:06
markets
UPS
Target
Manufacturing
Racing
Research
International
How hybrids are reshaping India's green auto market
Subscribe to enjoy similar stories. India’s transportation sector is racing toward an electric revolution. Electric vehicles (EVs) are gaining momentum, fuelled by soaring fuel prices, government support, and aggressive green targets.
06.10 / 16:53
06.10 / 13:51
UPS
Ball
awards
International
cricket
bowling
Women's T20 World Cup: India beat arch-rival Pakistan to register first win
India Women registered their first win in the ongoing ICC Women's Word Cup on Sunday after beating arch-rival Pakistan by wickets six and seven balls to spare at the Dubai International Cricket Stadium in the United Arab Emirates. Chasing 106 to win, opener Shafali Verma led the charge with a steady 32, while Jemimah Rodrigues scored 23 runs. Captain Harmanpreet Kaur handled a mini-collapse where India lost two wickets in as many balls when the score was at 80. The skipper remained unbeaten on 29, but was retired hurt with just two runs needed to win. Kaur injured her neck after she lost balance attempting to hit the winning runs. Earlier, the bowlers did a great job to restrict Pakistan to 105/8 in 20 overs. Pacer Arundhati Reddy spearheaded India's bowling with 3/19, earning her the Player of the Match award. Off-spinner Shreyanka Patil did not allow the batters to settle and registered figures of 2/12 in four over, including a maiden. Renuka Singh Thakur, Deepti Sharma, and Asha Sobhana picked up a wicket each. For Pakistan, Nida Dar scored a 34-ball 28 after being reduced to 41/4 inside 10 overs. Captain Fatima Sana and Syeda Shah played little cameos to help their team cross the 100-run mark.
06.10 / 13:28
markets
Manufacturing
Trade
Experts
isolate
prevention
rights
Need clear laws, standard operating procedures to protect workers, manufacturers' interests: GTRI
GTRI has suggested. It also said that to reduce industrial strikes, India must prioritize protecting workers' rights while maintaining industrial stability and there is an urgent need to take steps to help address labour disputes before they escalate into strikes. «Industrial strikes have led to factory closures and job losses in India for decades,» GTRI founder Ajay Srivastava said, adding that the strike by over 1,000 workers at Samsung's Sriperumbudur factory in Tamil Nadu since September 9 is not an isolated event. He suggested seven steps that includes enforcement of labour laws, setting up mediation systems, union-management dialogue, legal framework for labour compliance, collaboration between centre and states on the subject, and intelligence to detect disruptions.
06.10 / 13:28
markets
Target
Deloitte
SPY
Experts
shooting
IAF proved capability to strike down Chinese spy balloon-type targets at very high altitude
Indian Air Force proved its capability to strike down Chinese spy balloon type targets at a very high altitude of 55,000 plus feet along the eastern front recently. In early 2023, the US government had used a fifth generation F-22 Raptor fighter jet to shoot down a Chinese spy balloon over the sea. The IAF had been holding discussions on the issue of tackling the challenge posed by such balloons which fly at very altitude and also held discussions with the American Air Force last year
06.10 / 13:28
markets
COST
Strategy
Deloitte
Experts
country
India's easing of rice exports welcomed in S Africa
India's decision to ease restrictions on rice exports. Last month, the Indian government withdrew a blanket ban on overseas shipments of non-basmati white rice. It imposed a floor price of USD 490 per tonne and exempted the commodity from export duty. Exports of non-basmati white rice were banned from July 20, 2023, to boost domestic supply. «It's welcoming news for all the importers like us, as South Africa imports roughly 10 million tonnes of rice every year. After Thailand and Vietnam, which account for 70 per cent of imports of rice in South Africa, India is the next biggest exporter of rice to South Africa,» said Pranav Thakkar of Dev International, one of the largest importers of Indian products to South Africa.
06.10 / 13:28
markets
FIVE
Digital
Strategy
economy
Experts
International
L&T eyes role in NASA's successor to the International Space Station
ISRO's space missions for more than five decades, India's largest engineering firm Larsen and Toubro has now set its eyes on the international market, particularly the next International Space Station. L&T was earlier in talks with Jeff Bezo's Blue Origin for supplying orbital launch capabilities and space habitat solutions but the negotiations ran into some difficulties. «Some remnants of that discussion continue till today but now with NASA. So, we are also hopeful that when the US requires its next space station, Indian firms will have a role to play in the supply chain,» Vikas Khita, Vice President, L&T Precision Engineering and Systems, told PTI.
06.10 / 11:49
markets
Platform
Action
exclusive
reports
Courts
Investigations
Mint Explainer: Why did Karnataka HC halt CCI's action against Amazon, Flipkart
Subscribe to enjoy similar stories. Flipkart and Amazon are at a critical juncture in India as a Karnataka High Court has temporarily halted the Competition Commission of India's (CCI) investigation into the e-commerce giants over alleged anti-competitive practices and potential violations of foreign direct investment rules.
06.10 / 11:49
PINK
Food
wellness
DISH
rock
How to use ‘kala namak’ to pack a punch
Subscribe to enjoy similar stories. Asafoetida and kala namak were two things that would make me pinch my nose as a kid. Not surprising, given that both have a strong and strange smell and taste for anyone who’s olfactory and gustatory receptors are just developing.
06.10 / 11:48
UPS
Citi
Manufacturing
economy
Enterprise
wellness
country
Pour resources into rural India for a manufacturing boom
Subscribe to enjoy similar stories. A major explanation for India’s manufacturing sector remaining stagnant despite policy efforts to stimulate its growth lies in the changing traits of industrialization, with India being a latecomer only making it more challenging. In China and the US, industrialization and urbanization took place together.
06.10 / 11:48
UPS
economy
trends
Trade
country
Interviews
India has to move fast to break into global supply chains: Jagdish Bhagwati
Subscribe to enjoy similar stories. New Delhi: India will become a developed economy over the next 25 years if it sticks with the reforms pledged by policymakers, but the country has to move fast in building global supply chains before it is too late, economist Jagdish Bhagwati said in an interview.
06.10 / 03:23
Citi
Booking
economy
wellness
consequences
information
reports
Neha Dixit's book exposes the brutal underbelly of India’s ‘informal economy’
Subscribe to enjoy similar stories. One of the consequences of reading The Many Lives of Syeda X is that referring to what is called “the informal economy" in India will always henceforth seem a willful denial of reality. That part of the economy in Neha Dixit’s telling of many of the 50 jobs that her protagonist Syeda has worked at over a few decades is better described as a Dickensian brutalisation of a vulnerable workforce.
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